MNYFF (Money Forward) Total Operating Expense: $256.7 Mil (TTM As of Nov. 2025)


MNYFF Money Forward Inc MNYFF
57 GF Score
Price $26.76
GF Value $57.67
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Money Forward Total Operating Expense?

Money Forward MNYFF -9.04% 57 Total Operating Expense is $256.7 Mil as of Nov. 2025. GuruFocus rates MNYFF with a GF Score™ of 57/100 and a GF Value™ of $57.67 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Money Forward's Total Operating Expense for the three months ended in Nov. 2025 was $70.7 Mil. Money Forward's Total Operating Expense for the trailing twelve months (TTM) ended in Nov. 2025 was $256.7 Mil.

Money Forward Total Operating Expense Related Terms

Money Forward Total Operating Expense Historical Data

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The historical data trend for Money Forward's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Money Forward Total Operating Expense Chart

Money Forward Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.25 153.51 169.78 206.85 237.74

Money Forward Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.78 59.58 58.79 70.74 67.58
MNYFF
57GF Score
Money Forward Inc MNYFF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Money Forward Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Nov. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $256.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $256.7 Mil mean?
Money Forward (MNYFF) has a Total Operating Expense of $256.7 Mil as of Nov. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Money Forward and its competitors.
Is Money Forward's Total Operating Expense too high?
Money Forward's current Total Operating Expense is $256.7 Mil. Overall, Money Forward has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Money Forward's Total Operating Expense compare to UBER and SHOP?
Money Forward's Total Operating Expense of $256.7 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Money Forward and its competitors. Money Forward's current Total Operating Expense is $256.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Money Forward stock overvalued right now?
Based on GuruFocus' analysis, Money Forward (MNYFF) is currently considered Significantly Undervalued. The stock's GF Value™ is $57.67, compared to a current price of $26.76 — trading 53.6% below its estimated fair value. The current Total Operating Expense is $256.7 Mil. Money Forward's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Money Forward (MNYFF), the current Total Operating Expense is $256.7 Mil as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Money Forward (MNYFF) Overvalued in 2026?

Based on GuruFocus' analysis, Money Forward stock appears to be undervalued. The current stock price of $26.76 is trading 53.6% below its estimated GF Value™ of $57.67. GuruFocus considers Money Forward to be Significantly Undervalued.

Key valuation signals for MNYFF:

  • Total Operating Expense: $256.7 Mil
  • GF Value™: $57.67 vs. price of $26.76 (53.6% below fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the MNYFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Money Forward Business Description

Other Exchanges 3994:Japan47D:Germany
Address 21st Floor, msb Tamachi Tamachi Station Tower, S 3-1-21 Shibaura, Minato-ku, Tokyo, JPN, 108-0023
Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.
57GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.76
Price
$57.67
GF Value